42, Palace Grove - BR1 3HB
Key Building Insights
42, Palace Grove is a residential building situated on Palace Grove, Bromley, BR1 with 3 addresses.
It ranks as the 561st largest and 831st most expensive of the 1,173 buildings in the BR1 area. The most common property type is a modern flat built after 1980.
The building contains a total of 3 properties: 3 flats.
- Ave. Sale Price
- £351,673
- 10 Year change
- up 2.4%
- Ave. Rental Price
- £1,904pcm
- 10 Year change
- up 28.5%
- Ave. £ per ft²
- £347/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Key Building Insights
42, Palace Grove is a residential building situated on Palace Grove, Bromley, BR1 with 3 addresses.
It ranks as the 561st largest and 831st most expensive of the 1,173 buildings in the BR1 area. The most common property type is a modern flat built after 1980.
The building contains a total of 3 properties: 3 flats.
- Ave. Sale Price
- £351,673
- 10 Year change
- up 2.4%
- Ave. Rental Price
- £1,904pcm
- 10 Year change
- up 28.5%
- Ave. £ per ft²
- £347/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Explore Properties on Palace Grove, Bromley, BR1
- Flat 1, 42 Palace Grove
3 Bed Modern Flat
- Flat 2, 42 Palace Grove
2 Bed Modern Flat
- Flat 3, 42 Palace Grove
3 Bed Modern Flat
Sales Market Trends
The last sale in 42, Palace Grove sold for £250,000 on 12th January 2024. Since then prices are down an average of 0.8%.
The current average value in the building is £351,673.
The 42, Palace Grove Sales Market has increased by 2.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.1% | £351,673 |
| June 2025 | 0% | £355,550 |
| June 2024 | 0.2% | £355,579 |
| June 2023 | -1.4% | £355,029 |
| June 2022 | 3.8% | £359,998 |
| June 2021 | 1.3% | £346,662 |
| June 2020 | 2.6% | £342,130 |
| June 2019 | -2.3% | £333,521 |
| June 2018 | -3.5% | £341,428 |
| June 2017 | 3% | £353,693 |
| June 2016 | 10.7% | £343,367 |
| June 2015 | 13.7% | £310,176 |
| June 2014 | 16% | £272,785 |
| June 2013 | 3.2% | £235,200 |
| June 2012 | 4.6% | £228,014 |
| June 2011 | -1% | £218,044 |
| June 2010 | 4.5% | £220,205 |
| June 2009 | -11.7% | £210,744 |
| June 2008 | 5.3% | £238,574 |
| June 2007 | 0% | £226,543 |
Rental Market Trends
The current average rental value in the building is £1,904.
The 42, Palace Grove Rental Market has increased by 28.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £1,904pcm |
| June 2025 | 2.5% | £1,848pcm |
| June 2024 | 5.3% | £1,803pcm |
| June 2023 | 12.7% | £1,713pcm |
| June 2022 | 4.6% | £1,520pcm |
| June 2021 | 1% | £1,454pcm |
| June 2020 | 2.4% | £1,439pcm |
| June 2019 | 0.1% | £1,405pcm |
| June 2018 | -3.3% | £1,404pcm |
| June 2017 | -2% | £1,452pcm |
| June 2016 | 4.8% | £1,481pcm |
| June 2015 | 6.9% | £1,413pcm |
| June 2014 | 5.5% | £1,322pcm |
| June 2013 | 4.6% | £1,254pcm |
| June 2012 | 4.3% | £1,198pcm |
| June 2011 | 4.3% | £1,149pcm |
| June 2010 | 1.1% | £1,102pcm |
| June 2009 | -6.7% | £1,090pcm |
| June 2008 | 8% | £1,168pcm |
| June 2007 | 0% | £1,082pcm |
Sales History
The last recorded sale was on 12th January 2024 for £250,000 and since then the market in the area has decreased by 0.8%.
42, Palace Grove, Bromley, BR1 3HB has had 3 sales since 1995, with 1 in the last three years and none in the last twelve months.
- Sold Jan 2024£250,000 | 2 Bed FlatFlat 2, 42, Palace Grove, Bromley, BR1 3HBFlat 2, 42, Palace Grove, Bromley, BR1 3HB
- Sold Nov 2021£449,000 | 3 Bed FlatFlat 3, 42, Palace Grove, Bromley, BR1 3HBFlat 3, 42, Palace Grove, Bromley, BR1 3HB
- Sold Jun 2021£545,000 | 3 Bed FlatFlat 1, 42, Palace Grove, Bromley, BR1 3HBFlat 1, 42, Palace Grove, Bromley, BR1 3HB
Property Types
- 3 modern flats built after 1980
- modern flat (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 3 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (1)
- F (0)
- C (2)
- G (0)
- D (0)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Oct 2015£615,000 | 3 Bed FlatFlat 1, 42, Palace Grove, Bromley, BR1 3HBFlat 1, 42, Palace Grove, Bromley, BR1 3HB
- Sold Jun 2021£545,000 | 3 Bed FlatFlat 1, 42, Palace Grove, Bromley, BR1 3HBFlat 1, 42, Palace Grove, Bromley, BR1 3HB
- Sold Dec 2018£480,000 | 3 Bed Flat35B, Palace Grove, Bromley, BR1 3HB35B, Palace Grove, Bromley, BR1 3HB
Schools Nearby
- St Joseph's Catholic Primary School600 m away
- Orion Scotts Park800 m away
- Parish Church of England Primary School900 m away
- Bullers Wood School for Boys1.4 km away
- The Ravensbourne School1.6 km away
- Bullers Wood School2.0 km away
More reading links
Public Transport Nearby
The closest station to 42, Palace Grove, Bromley, BR1 3HB is Bromley North station, which is 200 metres away.
- Bromley North|200 m away
- Sundridge Park|600 m away
- Bromley South|900 m away
- Shortlands|1.2 km away